Bullish pennant formed on the 1hr chart, so we can possibly see BTC price rocket. However, I am slightly weary of a potential hidden bearish divergence forming on the 4hr chart. Will see how we get on. If we do break to the up side on the 1hr $12000 - $12500 is very likely, at least.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.